Energy Transfer (ET) Price to Earnings (2010 - 2026)
Energy Transfer's (ET) Price to Earnings stood at 13.04 in Q2 2026, down 6.3% from 13.93 a year earlier and down 19.3% from the prior quarter.
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Analysis
Energy Transfer (ET) Price to Earnings (2010 - 2026) Analysis & Trends
For FY2025, Energy Transfer's Price to Earnings came in at 13.59, down 11.1% from FY2024.
- Across earlier years, Price to Earnings came in at 15.30 in FY2024 (+14.2%), 13.40 in FY2023 (+57.9%), 8.48 in FY2022 (+73.2%) and 4.90 in FY2021.
- The Q2 2026 figure is the lowest quarterly Price to Earnings since Q3 2024.
- On a year-over-year basis, Price to Earnings rose in three of the last eight quarters, with growth averaging 1.1%.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 90.0% in Q1 2022, against a decline of 18.1% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.15 (Q1 2026), 13.59 (Q4 2025) and 13.66 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 105.07 Bn | 100.67 Bn | 4.84 Bn |
| 2 | Williams Companies | 87.70 Bn | 86.41 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 80.26 Bn | 78.65 Bn | - |
| 4 | Kinder Morgan | 76.72 Bn | 76.42 Bn | 3.07 Bn |
| 5 | Energy Transfer | 70.39 Bn | 63.58 Bn | 7.40 Bn |
| 6 | Targa Resources | 64.89 Bn | 64.36 Bn | 2.14 Bn |
| 7 | Tc Energy | 64.81 Bn | 60.90 Bn | 2.81 Bn |
| 8 | Cheniere Energy | 62.36 Bn | 57.18 Bn | 5.29 Bn |
| 9 | Oneok | 60.47 Bn | 58.86 Bn | 2.81 Bn |
| 10 | Mplx | 60.06 Bn | 53.62 Bn | 2.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.04 |
| Mar 31, 2026 | 16.15 |
| Dec 31, 2025 | 13.59 |
| Sep 30, 2025 | 13.66 |
| Jun 30, 2025 | 13.93 |
| Mar 31, 2025 | 13.99 |
| Dec 31, 2024 | 15.30 |
| Sep 30, 2024 | 11.98 |
| Jun 30, 2024 | 14.09 |
| Mar 31, 2024 | 14.91 |
| Dec 31, 2023 | 13.40 |
| Sep 30, 2023 | 13.31 |
| Jun 30, 2023 | 10.65 |
| Mar 31, 2023 | 9.26 |
| Dec 31, 2022 | 8.48 |
| Sep 30, 2022 | 8.31 |
| Jun 30, 2022 | 8.24 |
| Mar 31, 2022 | 11.30 |
| Dec 31, 2021 | 4.90 |
| Sep 30, 2021 | 5.32 |
API Access
Energy Transfer Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=ET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "ET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=ET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();